Gender pay gaps among executives in Canada

Release date: October 15, 2024
Infographic: Gender pay gaps among executives in Canada
Description: Gender pay gaps among executives in Canada

While women have made significant strides in labour force participation and educational attainment in Canada, gender-based disparities in wages and other labour market outcomes persist.

From 2016 to 2020, close to a quarter (23%) of executiveNote 1 positions were held by women.

Almost 4 in 10 businesses had at least one woman in an executive role

Percentage of businesses with at least one woman in an executive role: 38.2%

Percentage of businesses with at least one man in an executive role: 61.7%

Women executives had a lower compensation package than men executives Table summary
This table displays the results of Women executives had a lower compensation package than men executives , calculated using Average total compensation, Average base pay, Average stock options (appearing as column headers).
  Average total compensation Average base pay Average stock options
Women $442,100 $339,700 $48,700
Men $744,200 $544,700 $109,400

Women executives were younger and less likely to be married, to have at least one child and to occupy a top-level position than men executives

Women executives:

  • Average age: 50 years old
  • Married or common-law: 71.2%
  • Have at least one child: 37.9%

Men executives:

  • Average age: 52 years old
  • Married or common-law: 83.8%
  • Have at least one child: 39.8%
Distribution of executive positions, by gender Table summary
This table displays the results of Distribution of executive positions, by gender , calculated using All executives, Women, Men (appearing as column headers).
  All executives Women Men
Board Chair 3.8% 2.3% 4.2%
President 24.3% 10.9% 27.9%
Vice-President 42.7% 40.6% 43.3%
Executive Vice-President 7.0% 5.9% 7.3%
Secretary 9.6% 18.6% 7.1%
Assistant Secretary 4.4% 10.0% 2.9%
Secretary–Treasurer 1.7% 2.1% 1.6%
Treasurer 4.2% 5.9% 3.8%
Other 2.3% 3.7% 1.9%

Note: This infographic covers businesses that employed executives and had average sales of $900 million and average assets of $11.1 billion. The data presented are considered exploratory and should be interpreted with caution.

Source: Frias Corona, D., L.-M. Longpré-Verret and M. Ouyang, 2024, “Gender pay gaps among board directors and officers in Canada,” Analysis in brief, Statistics Canada Catalogue no.11-621-M.

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